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Apr 22, 2013
04/13
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europe, and that takes you to what we call defensive growth, defensive growth, as you say, is health care, is tapels, parts of the media, parts of the technology space, as well, clearly defensive growth. and then the other part of the bar bell, we want to take advantage of some of those attractive valuations in equities and in europe. we would rather go into financials selectively and look at those insurance companies, those banks, as well, which is perhaps have sold off more in the market than the recent pullback and look at all of those companies which have improving or strong capital positions. and you end up looking at some of the german insurers and the swiss bank. they look pretty strong for us. >> jonathan, thanks very much for that. . >>> today is also worldwide -- in china, "worldwide exchange" in china day. i'm in hong kong because i've just spent the weekend at the china entrepreneur's club annual meeting of green companies in china. i've just come back from there and the china entrepreneur's club is a group 50, 51 of the leading ceos of the private companies. around $300
europe, and that takes you to what we call defensive growth, defensive growth, as you say, is health care, is tapels, parts of the media, parts of the technology space, as well, clearly defensive growth. and then the other part of the bar bell, we want to take advantage of some of those attractive valuations in equities and in europe. we would rather go into financials selectively and look at those insurance companies, those banks, as well, which is perhaps have sold off more in the market than...
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Apr 24, 2013
04/13
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much was made of the fact that a lot of the defensive issues, defensive sectors were the leaders in that, in those gains that we saw in the first quarter. do you like defensives at these levels? and those dividend payers, that everybody seems to be so enamored, so that they can find some source of income right now. >> i think that was the point, really, bill, that there were many investors who wanted to increase their exposure to the equity markets, because they, too, are concerned about having too much, if you will, in low-yielding cash, and in fixed income, where when yields go up, the prices go down. so we did see a move into so-called defensive names. that is less exposure to the economy, but also, companies that generate large dividend yields. the thing that we would be looking at is not high-yielding securities, but, rather, those securities, those companies that can increase their dividend. that is, grow the dividend. history shows that it's the higher-yielding securities that basically don't have much else to do with their capital. investors tend to be better off when they combin
much was made of the fact that a lot of the defensive issues, defensive sectors were the leaders in that, in those gains that we saw in the first quarter. do you like defensives at these levels? and those dividend payers, that everybody seems to be so enamored, so that they can find some source of income right now. >> i think that was the point, really, bill, that there were many investors who wanted to increase their exposure to the equity markets, because they, too, are concerned about...
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Apr 24, 2013
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the moes volatile component, non-defense aircraft as well as defense showed weakness. we will probably get a bit of a pay back from that. i think it overstates the manufacturing slow down. >> at the same time if i'm looking at the numbers correctly you expect growth for q1 and 1.8% for tw twoe. that's a bit of a slow down. >> it definitely is a slow down. we definitely still have strength overall in vehicles and parts. >> is that going to be enough? st that going to be enough? >> take it back to the core of gdp. we still have an increase in overall consumer spending. a lot of that is in services. >> call that actually make a positive dent in gdp? >> you know, i don't necessarily know that apple alone is going to make a tremendous dent in the economy. we have to look at what the overall core is looking like. overall consumer spending. any time we see jumps, of course, in an outlier like apple we always have pay back and so we have to get back to what the underlying momentum is. and we continue to see somewhere around a 2% pace of growth. a lot of the 2.8% growth that we
the moes volatile component, non-defense aircraft as well as defense showed weakness. we will probably get a bit of a pay back from that. i think it overstates the manufacturing slow down. >> at the same time if i'm looking at the numbers correctly you expect growth for q1 and 1.8% for tw twoe. that's a bit of a slow down. >> it definitely is a slow down. we definitely still have strength overall in vehicles and parts. >> is that going to be enough? st that going to be enough?...
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Apr 22, 2013
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as a matter of fact, it can be negative for a lot of the defense companies, as we know. and they have been under a cloud because of these cuts. here's one from danny in new york. hi, jim, i heard you say considering the downside of an equity that you would consider a stock than a put. please elaborate. danny, i am so glad you sent me this. because if i have created any misperception that i favor shorting stocks, it is completely out of character with all my books and what i used to do with my hedge fund or trading for myself. i always do puts. i rarely do shorts because as i write in "confessions of a street addict," i was in a lot of squeezes that lost me a tonne of money. use puts. here's some tweets, from b kelly, 01 not@jim cramer. why do you hate them so much? here's the answer. i got to tell you something, b kelly 019, i hate trapping my upside, i hate cutting off my upside. you can't make more money than when you write the call. not only that, say something goes wrong, you sell the stock, you are vulnerable doing takeover then. you are still short the call. never,
as a matter of fact, it can be negative for a lot of the defense companies, as we know. and they have been under a cloud because of these cuts. here's one from danny in new york. hi, jim, i heard you say considering the downside of an equity that you would consider a stock than a put. please elaborate. danny, i am so glad you sent me this. because if i have created any misperception that i favor shorting stocks, it is completely out of character with all my books and what i used to do with my...
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Apr 24, 2013
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there's been too much money put to work in the defensive names. take utilities. another defensive sector. historically, the sector traded at 25% discount to the market. that made sense. it was regulated, it was a slow grower. today u.s. utility company traded an 8% premium. that's a lot to pay for an income stream and for safety. i think there are better places to get that income and maybe take a little bit more risk, but at a better valuation. >> what would you do with apple today since it's in the news? >> you know, i've got no strong view on apple, but generally, i think we like technology companies, it's one of the parts of the market that has underperformed. looks cheap relative to the history. i'd rather be buying tech companies at this point than consumer staple companies. >> you think bonds at some point just the apocalypse finally happened -- >> i don't think the apocalypse happens, no. part of the reason, new supplies being absorbed by the fed, we've got the boj in the game, there's a tremendous amount of liquidity. we think rates will back up by the en
there's been too much money put to work in the defensive names. take utilities. another defensive sector. historically, the sector traded at 25% discount to the market. that made sense. it was regulated, it was a slow grower. today u.s. utility company traded an 8% premium. that's a lot to pay for an income stream and for safety. i think there are better places to get that income and maybe take a little bit more risk, but at a better valuation. >> what would you do with apple today since...
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Apr 22, 2013
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joining me now for more on these developments is kent schafer, criminal defense attorney with buyers, schafer and deboard. god to s good to see you, sir. >> thank you. good afternoon. >> what's your take on this? why charge him with a weapons of mass destruction charge and not murder or conspiracy? >> well, actually, it's a much easier charge for the government to prove. in this case, they have to prove two things. that he used or possessed a weapon of mass destruction and that it resulted in somebody's death. by doing that, he'd be eligible for the federal death penalty. where under massachusetts state law, if they charged murder, he wouldn't be eligible for the death penalty. so virtually, you know, from a prosecutor's standpoint, it cuts out all the fluff. it's a very simple case. there's case law on top of case law saying that a bomb like this is defined as a weapon of mass destruction. so it just makes sense that they would take the easiest charge they could find. >> i see. >> with the highest penalty. >> there was a real strategy here. let me bring in jay faye hi, former federal
joining me now for more on these developments is kent schafer, criminal defense attorney with buyers, schafer and deboard. god to s good to see you, sir. >> thank you. good afternoon. >> what's your take on this? why charge him with a weapons of mass destruction charge and not murder or conspiracy? >> well, actually, it's a much easier charge for the government to prove. in this case, they have to prove two things. that he used or possessed a weapon of mass destruction and...
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Apr 18, 2013
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>> melissa, i think you still want to be a little bit defensive. i think that so much of the market still feels squishy and not in a good way given the economic data we're seeing. i'm a little bit heavier in health care, probably about flat in technology. but consumer staples and health care are two of those defensive sectors that i think leave you in a little bit better stead. i'm heavier in industrials, a little bit lighter in financials. this is a defensive portfolio that i think, you know, blue chips with good dividends make a lot of sense right now. >> at the same time, michael, you know, your stock picks make me scratch my head because if it's such a defensive portfolio, why are you getting into something more levered to the consumer and to the economy being fedex and yum brands? >> well, i'm so glad you asked me, i always -- i always try to hit them where they ain't. and these are two stocks people don't like right now. they're worried about avian flu, they're worried about some of the politics, of course, with yum brands and kentucky fried
>> melissa, i think you still want to be a little bit defensive. i think that so much of the market still feels squishy and not in a good way given the economic data we're seeing. i'm a little bit heavier in health care, probably about flat in technology. but consumer staples and health care are two of those defensive sectors that i think leave you in a little bit better stead. i'm heavier in industrials, a little bit lighter in financials. this is a defensive portfolio that i think, you...
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Apr 23, 2013
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companies saw increased sales to aerospace and defense customers during that quarter. dupont reporting 1.56 per share. that was four cents higher than wall street estimates. chairman and ceo will be joining us in a few minutes to talk about all of that. among the other stories we're following this morning a car bomb hit the france embassy in libya today. two french guards were injured. there was extensive damage. this was the first attack on a foreign mission since militants stormed u.s. consulate in benghazi. >> u.s. equity futures have been indicated higher. came in looking at moderate red arrows. dow futures up 65 points above fair value. s&p up by better than four and a half points. overseas in asia overnight you did see a little bit of weakness. hang seng down 1%. and in europe right now, the trends there at least have been following what we have seen here. in fact, the cac is up 2.5%. da x-up 1.6%. the markets have a healthy dose of earnings today. we have seen a lot of that. the market is attractively valued. but he says there are still shorter term technical co
companies saw increased sales to aerospace and defense customers during that quarter. dupont reporting 1.56 per share. that was four cents higher than wall street estimates. chairman and ceo will be joining us in a few minutes to talk about all of that. among the other stories we're following this morning a car bomb hit the france embassy in libya today. two french guards were injured. there was extensive damage. this was the first attack on a foreign mission since militants stormed u.s....
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Apr 18, 2013
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very unusual for these defensive groups to be leading the market in up turn. if the market pulls back they will lead in the pull back and more. >> which is highly unusual. >> very unusual. >> thank you so much. >> a pleasure. >> see you again soon. >> sue, shamu is going public. black stone taking its sea world entertainment group three years after it went private. jane wells is outside the world famous sea world in san diego. have you spoken to shamu yet, jane? >> very good. shay-moo is a london whale. i have not spoken to him. i just didn't want to make the big whale angry. ths turning into a whale of a deal. it keeps getting bigger. black stone which bought sea world was going to sell 10 million of its own shares. now this march of the penguins, sea world plans to use its portion to pay fees and debt. so all told, we could have nearly 30 million shares priced between 24 and $27. this for a company with 11 walter parks. most revenue is now coming from florida and sea world sales, profits and spend per customer is all growing. it is a unique leisure company.
very unusual for these defensive groups to be leading the market in up turn. if the market pulls back they will lead in the pull back and more. >> which is highly unusual. >> very unusual. >> thank you so much. >> a pleasure. >> see you again soon. >> sue, shamu is going public. black stone taking its sea world entertainment group three years after it went private. jane wells is outside the world famous sea world in san diego. have you spoken to shamu yet,...
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Apr 24, 2013
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and if that, in fact, is the case, you have to get more defensive and buy some cash flow names to give support for your portfolio strategy. it can't all be beta. >> the great unloved sector here is large cap growth. when you have utilities as the second hottest sector through the first part of the year, i don't know, i think energy's been inventive. at some point we have to talk about growth, and when we turn the subject towards growth, you'll see the dividend folks awful going, gee, whiz, why is it that i was bidding up a utility to 16 times earnings. >> let's remember, apple pays a dividend. johnson & johnson pays a dividend. it doesn't have to be a utility stock. it can be in various sectors. i think if you buy just energy and utilities, you've got all kinds of problems because of what's happening with commodity prices. but you buy dividend assets across a variety of sectors. i think that's the kind of growth that -- you can get growth out of those names, even if they're more defensive. >> every time i bring up the dividend that apple pays to people, they say, why are they using $10
and if that, in fact, is the case, you have to get more defensive and buy some cash flow names to give support for your portfolio strategy. it can't all be beta. >> the great unloved sector here is large cap growth. when you have utilities as the second hottest sector through the first part of the year, i don't know, i think energy's been inventive. at some point we have to talk about growth, and when we turn the subject towards growth, you'll see the dividend folks awful going, gee,...
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Apr 23, 2013
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you've got to be in defensive stocks, not commodities or in the deep cyclicals this my view. >> anthony, we mentioned the great view on the hedge fund community, how the big money is thinking about the market. how do you feel? >> it's a liquidity driven bull market. >> but the events of last week don't change your outlook for the investing environment for the near term? >> they don't. the half full market climbing a wall of worry will continue to go on. the biggest issue the market will face is that loan growth in the united states and europe is not where you would like it to be at this point in a recovery. without loan growth in small businesses, medium businesses, scott, you're not going to see the robust recovery people would like to see. that will probably be a head wind for the markets later in the year. right now this is a liquidity-driven bull market. it's tilt up for now. >> i go back to the upper's comment. short the s&p at your own peril. murphy, something tells me you have been a buyer of stocks this morning. >> i have been a buyer. look at the news out there, scott. we are j
you've got to be in defensive stocks, not commodities or in the deep cyclicals this my view. >> anthony, we mentioned the great view on the hedge fund community, how the big money is thinking about the market. how do you feel? >> it's a liquidity driven bull market. >> but the events of last week don't change your outlook for the investing environment for the near term? >> they don't. the half full market climbing a wall of worry will continue to go on. the biggest issue...
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Apr 18, 2013
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so to the extent that we're not necessarily seeing an uptake there may argue that you're seeing defensive spending positions being taken by enterprise customers. it is not upgrades as fast as they would be otherwise. >> what about josh's point about currency play on this? if the dollar continues to strengthen here, that's not going to be boding well for a company like ibm? >> i mean, ibm as a manufacturer has a global footprint. they can manage their way around a foreign exchange impact. it's not as if they're made in america or a usa export-driven story. >> did i hear google? >> i haven't heard any google numbers yesterday, but the stock market is acting like they're out. it's got that feel to it. we'll get it to you as soon as we have those numbers. you're just joining us. microsoft missed on the top line by a fraction, but beat on the bottom line by 4 cents. ibm missed on the bottom line by five cents and it also was light on the top line there. roger kay, do you like ibm? >> yeah, i think ibm is a real solid company and a real solid stock. >> yes, google numbers are in. >> this is pre
so to the extent that we're not necessarily seeing an uptake there may argue that you're seeing defensive spending positions being taken by enterprise customers. it is not upgrades as fast as they would be otherwise. >> what about josh's point about currency play on this? if the dollar continues to strengthen here, that's not going to be boding well for a company like ibm? >> i mean, ibm as a manufacturer has a global footprint. they can manage their way around a foreign exchange...
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Apr 23, 2013
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down, they come in, qe2, qe3, the economic indicators were starting to bowl over and they're playing defense to prevent against a double-dip recession. >> and the economic numbers are not that great right now, so how do you justify investing in the market knowing, you say market goes up in a slow economy, but what if they're exceeding earnings growth expectations? >> also, when earnings are slower, the market does better. when they grow really fast on an overall basis, that's another time when the market discounts and turns down. so we're in a sweet spot right now for the market. >> one more question to matt cheslock before we let you go. what you expect this last hour here, especially since we have three big earnings reports coming out after the bell tonight. >> is there more than one? i thought it was just apple, actually. >> yes, there is apple, but you also have at&t and yum! brands as well. >> i think we'll focus on europe. the whisper numbers for apple have gotten maybe out of control, but the market has taken so much out of it already, it's poised for upside, i think. >> the expectati
down, they come in, qe2, qe3, the economic indicators were starting to bowl over and they're playing defense to prevent against a double-dip recession. >> and the economic numbers are not that great right now, so how do you justify investing in the market knowing, you say market goes up in a slow economy, but what if they're exceeding earnings growth expectations? >> also, when earnings are slower, the market does better. when they grow really fast on an overall basis, that's...
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Apr 24, 2013
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finally good run in defense names. boeing, defense in aerospace. lockheed martin had good numbers. you can see all the stocks trading to the upside. >> thanks very much, bob pisani. when we come back trusting your lawyer. we are trying to bring that baa with an app. he will tell us how. and later the earnings squad tackling everything from boeing to zynga. with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. you know it even after all these years. but your erectile dysfunction - you know,that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis
finally good run in defense names. boeing, defense in aerospace. lockheed martin had good numbers. you can see all the stocks trading to the upside. >> thanks very much, bob pisani. when we come back trusting your lawyer. we are trying to bring that baa with an app. he will tell us how. and later the earnings squad tackling everything from boeing to zynga. with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and...
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Apr 24, 2013
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> just because the market had a fabulous day today doesn't mean you can afford to stop playing some defense with high-yielding food stocks that can thrive, even when the global economy is in dire straits. take long-time cramer fave b & g foods, with a record of buying neglected brands from larger players, private equity firms, and bringing them back to life. you might know b & g as pickles. b & g just reported last thursday and the company delivered an excellent quarter with in-line earnings and revenues that came in higher than expected, rising 8.8% year over year. we don't have a lot of companies in the food business that gained like that. meanwhile, the company raise its guidance, earnings before interest, taxes and depreciation and amortization. it jumped from $28 to $30 the next day and continuing to climb, $31.08 and 3.75% yield at these levels. b & g has given you a 186% return since i initially recommended it in october of 2010. the valuation may seem stretched with the stock trading at 19 times earnings. however, every time these food stocks seem too expensive to own, they seem to
> just because the market had a fabulous day today doesn't mean you can afford to stop playing some defense with high-yielding food stocks that can thrive, even when the global economy is in dire straits. take long-time cramer fave b & g foods, with a record of buying neglected brands from larger players, private equity firms, and bringing them back to life. you might know b & g as pickles. b & g just reported last thursday and the company delivered an excellent quarter with...
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Apr 18, 2013
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look at where the rally has come from, it's come from defensive sectors. we've brought in those health care stocks, 18% higher in such a short period of time. how far can you ride that horse? i think it brings up a good point with the gold, but i think the gold is symptomatic of something else. we are entering -- we are actually in a deflationary period with the market here, and those words are not easy come out of my mouth, because i've been a hawk as far as inflation -- >> deflation, where are prices falling? >> it's not just a matter of prices, when you look at the gold situation, that's a canary in the coal mine. we had a very sloppy tips auction today and money is coming out of tips funds big-time now. so i think the market is bracing for a deflation. caterpill caterpillar, big deflation indicator, copper, another deflationary indicator. i think you've got some problems there. and you want to talk about the fed and qe, what the minutes said, i was listening to bullard yesterday saying if they can't get inflation up from 1.5%, they might go more aggres
look at where the rally has come from, it's come from defensive sectors. we've brought in those health care stocks, 18% higher in such a short period of time. how far can you ride that horse? i think it brings up a good point with the gold, but i think the gold is symptomatic of something else. we are entering -- we are actually in a deflationary period with the market here, and those words are not easy come out of my mouth, because i've been a hawk as far as inflation -- >> deflation,...
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Apr 17, 2013
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deflationary pressures have been in play since the end of january when commodities started falling, defensive sectors started leading. you get the sense that something's happening, you get the feeling that something's about to hurt and then the spasm happens. when you have deflationary junctures, which is what every part of the market place is seeing is happening right now, that $85 billion a month is not enough from the fed -- >> you're making reference to how much they're buying every month when it comes to securities out? >> correct. >> peter anderson, bank of america may have set the tone this morning with that disappointing earnings report, yes? >> y >> yes, it was. and that's symptomatic of the -- >> peter, hang on one second. we'll have to do this for the next couple of hours as more news continues to break. let's go to sue herrera with the latest. what do you have, sue? >> bill, our team on the ground in boston is reporting to us that the federal courthouse in boston is now being evacuated. you're looking at a live picture right now of people leaving that courthouse. we don't know why
deflationary pressures have been in play since the end of january when commodities started falling, defensive sectors started leading. you get the sense that something's happening, you get the feeling that something's about to hurt and then the spasm happens. when you have deflationary junctures, which is what every part of the market place is seeing is happening right now, that $85 billion a month is not enough from the fed -- >> you're making reference to how much they're buying every...
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Apr 18, 2013
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it will probably outperform the most defensive names. a lot of money is going into defensive names. as interest rays go up, as confidence returns, money will move from that part of the market towards more agretsive aims. but if you go for that long-term perspective, then it's worst being over the growth areas of the markets. >> david, always good to talk with you. thank you so much for the time. we'll talk to you soon. >> thank you. >> teches are lower today after reports from microsoft, ibm and google. google expected to hit 14.2 billion. mark mahaney rates google ads an outperform. he joins us from san francisco this morning. good to have you back. >> good to be here, carl. >> we'll get a lot of information of the names we mentioned. what is the most important? >> the igest issue is the concern that mobile internet usage, which is the mundmental biggest trend is the stocks traded up as cpcs improve. if they improve this quarter, the stocks should trade up. that's the key number. >> we were looking at a slew of price target increases a few weeks ago. in the 900s. a lot of people be
it will probably outperform the most defensive names. a lot of money is going into defensive names. as interest rays go up, as confidence returns, money will move from that part of the market towards more agretsive aims. but if you go for that long-term perspective, then it's worst being over the growth areas of the markets. >> david, always good to talk with you. thank you so much for the time. we'll talk to you soon. >> thank you. >> teches are lower today after reports from...
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Apr 16, 2013
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if you want yield, why chase the domestic defenses when you can chase the foreign defenses and potentially get upside and potentially get the defense of currency at the same time rather than chase what everybody already knows. >> to many people that's absolutely crazy and we're not sure about the chinese economy and day in and day out in europe, the situation there is going to get worse before it gets better. >> sure. >> you know, they could have made the argument last year tha. last year they could have said it's all about apple. i think we need to broaden the horizons if this is going to be sustainable. >> let me go there and take you to a live shot of the white house. the white house is lowering their flag to half staff. flags are to be lowered at all public buildings until sunset on april 20th. there are at least three dead. more than 150 injured. this is echo of what we saw in the wake of 9/11. a lot more "squawk on the street" back in a moment. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from nationa
if you want yield, why chase the domestic defenses when you can chase the foreign defenses and potentially get upside and potentially get the defense of currency at the same time rather than chase what everybody already knows. >> to many people that's absolutely crazy and we're not sure about the chinese economy and day in and day out in europe, the situation there is going to get worse before it gets better. >> sure. >> you know, they could have made the argument last year...
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Apr 17, 2013
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consumer staples are again, a defensive day by and large. the big question i got early this morning is what the heck happened in germany? i don't have an answer for you, and some people are calling it a mini flash crash. the dax dropped 180 points in like, eight minutes right after the open and i don't have an explanation and there is a series floating around about fat figure trades and it was very unusual to see that. germany is now down eight in a row and we are are down 1.7% in germany. france was down 1.5% and there were many knock-on effects as a result of this and that's all i can tell you about it. carl, i think you were mentioning these ping-pong markets and that's the other big topic overnight. so you are down 234 on monday and you're up 160 on tuesday. you are down 103 on wednesday here and it's very tough for active traders to take positions. you get a lot of complaints about this stuff. you get stripped out every day depending on which side you're buying protection on, going long or going short and it's hard to take positions and
consumer staples are again, a defensive day by and large. the big question i got early this morning is what the heck happened in germany? i don't have an answer for you, and some people are calling it a mini flash crash. the dax dropped 180 points in like, eight minutes right after the open and i don't have an explanation and there is a series floating around about fat figure trades and it was very unusual to see that. germany is now down eight in a row and we are are down 1.7% in germany....
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Apr 17, 2013
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in australia, defense sectors powered ahead and sensex now trading flat while the country is seen as a big beneficiary to the recent weakness in commodity prices. back to you. >> okay. thanks very much for that. turning our attention to european session as i mentioned just in the last couple minutes here we've turned sharply lower. a sell-off of 0.7 of 1%. decliners outpace advancers by 4 to 1 ratio. the market is scratching around for this particular sell-off. we're down almost three-quarters of 1%. italy down about 0.4 of 1%. presidential selection process will begin tomorrow. here's a look at the bond space to see if we see major moves to echo the concern we've seen across the equity space but not quite. look at spanish and italian debt, they are rallying. here's a look at what's happening across the space. sterling is weaker. we'll hear bank of england minutes out in just a couple minutes time. dollar/yen weakened this morning but not as much as you would expect given the sell-off across commodities. on cnbc.com, london's mayor boris johnson arguing that factoryism is alive and w
in australia, defense sectors powered ahead and sensex now trading flat while the country is seen as a big beneficiary to the recent weakness in commodity prices. back to you. >> okay. thanks very much for that. turning our attention to european session as i mentioned just in the last couple minutes here we've turned sharply lower. a sell-off of 0.7 of 1%. decliners outpace advancers by 4 to 1 ratio. the market is scratching around for this particular sell-off. we're down almost...
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Apr 22, 2013
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you know what the defense is going to be. i was brainwashed by my brother. i ran over him to get away. >> the older brother, basically was even asked to leave his own mosque because his anti-american views were so strong that the islamic community in cambridge was outraged. >> if they saw this happen, raise this question and raise him and bring this issue to the officials? >> yes. >> that's the other piece of that that year going to be talking about. thank you in boston. michelle, thank you. anything that you see here on "squawk", shoot us an e-mail or follow us on twitter. >>> coming up next, market insight from flem. and morgan stanley. and gold on the rebound after a big slide. find out what's driving the move back above $1,400. plus, what is apple bringing to the earnings table? we tell you what we should be looking for when numbers come out tomorrow. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just stay alive... but feel alive. the c-class is no exception. it's a mercedes
you know what the defense is going to be. i was brainwashed by my brother. i ran over him to get away. >> the older brother, basically was even asked to leave his own mosque because his anti-american views were so strong that the islamic community in cambridge was outraged. >> if they saw this happen, raise this question and raise him and bring this issue to the officials? >> yes. >> that's the other piece of that that year going to be talking about. thank you in boston....
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Apr 23, 2013
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awareness of your surroundings could be the only defense. david mattingly, cnn, secoro, new mexico. >>> more help arriving in southwestern china, where survivors of saturday's earthquake are in desperate need of food and water and shelter. chinese state media are now reporting that at least 192 people were killed in the disaster, but more than 11,000 were injured. >>> meanwhile, a territorial dispute between china and japan is heating up. japan says eight chinese ships have entered its territorial waters near the senkaku islands. china calleds them the dialu. more from beijing with all on this. ivan, how should we read this development regarding the chinese ships entering these waters? is this part of previous cat and mouse games we've seen between these two countries, or is it something more serious. >> reporter: absolutely. these uninhabited islands in the east china sea have been the source of a lot of tension between china and japan in past months where you had, you know, planes and warships putting radar locks on each other and all sort
awareness of your surroundings could be the only defense. david mattingly, cnn, secoro, new mexico. >>> more help arriving in southwestern china, where survivors of saturday's earthquake are in desperate need of food and water and shelter. chinese state media are now reporting that at least 192 people were killed in the disaster, but more than 11,000 were injured. >>> meanwhile, a territorial dispute between china and japan is heating up. japan says eight chinese ships have...
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Apr 20, 2013
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richard herman is a criminal defense attorney, a law professor as well. he's joining us from las vegas. thanks very much for coming in. let's start with the fact that the government did not read the suspect his miranda rights invoking the public safety exception. avery, what do you think about that decision? >> i think it's an incorrect decision. i don't think there should be any delay in mirandizing. the job is to secure a convicti conviction. at the same time, intelligence personnel are going to be talking to this individual, talking to tsarnaev because there are issues unrelated to his personal issue criminality. and miranda has nothing to do with that, wolf. so we're seeing federal officials making the interview, trying to ask questions will have nothing to do withmy ran did. it's imperative because we don't want to jeopardize this prosecution in any way. i think it's imperative it be done now. >> richard, do you agree? >> well, i do think he should be mirandized, but we have heard interviews earlier today where the justice department says they don't
richard herman is a criminal defense attorney, a law professor as well. he's joining us from las vegas. thanks very much for coming in. let's start with the fact that the government did not read the suspect his miranda rights invoking the public safety exception. avery, what do you think about that decision? >> i think it's an incorrect decision. i don't think there should be any delay in mirandizing. the job is to secure a convicti conviction. at the same time, intelligence personnel are...
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Apr 20, 2013
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the neighborhood because that's what hundreds of police officers did, rushing in to set up a line of defense around it while they rushed people away. then, wolf, they brought in the technology. going to demonstrate what we are talking about with this small model. they brought in a thermal imaging helicopter. it can look to the ground and measure anything that's hot down there and see anything giving off any heat, including a human being in a boat in a backyard like that one there. this is what they saw. they had an image of someone in the back of that boat, just as the witness had suspected, and the person was moving around. while all we have are still images, they had real time video that told them when someone was moving in the back of that boat. a gun fight ensued. there were injuries to him, i believe he was hit two more times, threw flash bang grenades there and everything got quiet as negotiators tried to talk to him. what happened next? they brought in more technology, had a robotic arm so they could reach out to him. two hours, then they brought in thermal imaging one more time. this
the neighborhood because that's what hundreds of police officers did, rushing in to set up a line of defense around it while they rushed people away. then, wolf, they brought in the technology. going to demonstrate what we are talking about with this small model. they brought in a thermal imaging helicopter. it can look to the ground and measure anything that's hot down there and see anything giving off any heat, including a human being in a boat in a backyard like that one there. this is what...
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Apr 23, 2013
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awareness of your surroundings could be the only defense. david mattingly, cnn, secora, new mexico. >> imagine that on a crowded street. that's what happened. >> incredible reporting from mattingly. >> we'll be back with more after this. [ male announcer] surprise -- you're having triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. >>> welcome back, everyone. eight years ago today a certain website opened what changed what people do on the internet. youtube opened on this day in 2005. this was the very first video posted. >> all right. so here we are at the elephants. >> that's the co-founder at the san diego zoo. look at those images. pretty primitive by today's standards. careem and his partner sold to google the following year over $1.5 bil
awareness of your surroundings could be the only defense. david mattingly, cnn, secora, new mexico. >> imagine that on a crowded street. that's what happened. >> incredible reporting from mattingly. >> we'll be back with more after this. [ male announcer] surprise -- you're having triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more...
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Apr 19, 2013
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i borrowed into this program as a way to write about the overall challenges of the defense budget. its program is singular in cost overruns, its delays, and the way it is structured. effective defense of attribute may not be its radars and missiles and technology and ability to fight at super sized cities. it may be the way it has been designed to ease a budget cutters. more on sunday at 8:00 p.m. on c-span's "q & a." >> in their documentary, "what's the catch?," rebecca levy and shelby stevens talk about seafood. iny are second prize winn this year's c-span studentcam competition. >> throughout the past few decades, the amount of damage to our water has increased exponentially. come to the salt water and oceans. it has become even more prominent than ever before. the fish that were healthy are not going extinct. each year, the u.s. consumes close to 5 billion tons of seafood. it is the third rank country for consuming fish. thecase of gone by since overuse of our country's natural resources. how can we sustain heating as many fish as we do without sustaining natural fish populatio
i borrowed into this program as a way to write about the overall challenges of the defense budget. its program is singular in cost overruns, its delays, and the way it is structured. effective defense of attribute may not be its radars and missiles and technology and ability to fight at super sized cities. it may be the way it has been designed to ease a budget cutters. more on sunday at 8:00 p.m. on c-span's "q & a." >> in their documentary, "what's the catch?,"...
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Apr 22, 2013
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missile defense. and our ability to defend the homeland with, there has been much escutcheon about sequestration and the current budget that does not reflect sequestration but i understand the department will hopefully submit a plan to comply with those cuts. that presents both short-term challenges and long-term challenges. in addition, the budget contemplates a renewed commission process going forward. i would suggest ithe process, both of assessing sequestration in the short and long-term, and that abrack process, significant component of the department assessment should in whichonsideration we can reduce our footprint overseas. reduce our bases overseas, our amount power overseas, -- manpower overseas, consistent with our imperative to protect national security. the first question i wanted to ask secretary hagel is, to what extent of the department , inently assessing complying with these financial pressures, our ability to draw overseasverseas -- our footprint. i would suggest it is preferable to
missile defense. and our ability to defend the homeland with, there has been much escutcheon about sequestration and the current budget that does not reflect sequestration but i understand the department will hopefully submit a plan to comply with those cuts. that presents both short-term challenges and long-term challenges. in addition, the budget contemplates a renewed commission process going forward. i would suggest ithe process, both of assessing sequestration in the short and long-term,...
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Apr 22, 2013
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that since the defense department very well. people you are concerned about cost say, but do you really need something the sophisticated? do you need this many of them? could you not achieve some of this more efficiently? they also argue that advancements and unmans aviation policy progressing so fast that 10 years from now, some of the staff may be obsolete because we will be doing a lot more of its with unmanned technology. >> more politicalles of this, this goes back to december 5, 2011, a senator john mccain. nutshell, the program has been both a scandal in a tragedy. the program has been in development phase for 10 years. over that time, it has been a been a share it of $56 billion -- beneficiary of $56 billion of taxpayer investment. we still do not have an aircraft that provides the air force, navy, marine corps with the combat capability they need. >> what happens after that? the u.s. marine corps, the most politically adept of all the services, decides to station the first operational squads of left-35. they are not rea
that since the defense department very well. people you are concerned about cost say, but do you really need something the sophisticated? do you need this many of them? could you not achieve some of this more efficiently? they also argue that advancements and unmans aviation policy progressing so fast that 10 years from now, some of the staff may be obsolete because we will be doing a lot more of its with unmanned technology. >> more politicalles of this, this goes back to december 5,...
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Apr 22, 2013
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of trimming the defense budget. this program is singular in terms of its cost overruns, delays, and the way it has been ured. its most effective attributes are not all of its radars and sensors and missiles and stealth technology and the ability to fight at supersonic speeds. it may well be the way it has been designed to evade budget cutters in washington. >> what is the difference between the f-35 and the f-22? >> the f-22 has had its share of technical troubles. that was supposed to be the high-end fighter. the replacement for the f-15. it is a real high performance fighter. it is meant to win against any potential adversary in dogfights. the plan was to have fewer f-22 and then you would have more of the f-35. that would be the mainstay, for the next 40 or 50 years. a you are fighting against sophisticated adve the f- 22s are going in and they are fighting in the air against the adversaries of combat aircraft. the f-35s comes in and they are carrying the bombs that will take out the other military targets. they
of trimming the defense budget. this program is singular in terms of its cost overruns, delays, and the way it has been ured. its most effective attributes are not all of its radars and sensors and missiles and stealth technology and the ability to fight at supersonic speeds. it may well be the way it has been designed to evade budget cutters in washington. >> what is the difference between the f-35 and the f-22? >> the f-22 has had its share of technical troubles. that was supposed...
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Apr 18, 2013
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during out of funding shows a lack of commitment to the idea of self-defense. this is a huge signal to terrorists around the world if we will not harm our pilots. i think we have one training facility in new mexico where the pilots are trained. , the pilots complained about the costs and expenses and the time away. we have got training facilities for police man in every state. i do not see any reason we could not cooperate and make it a lot cheaper. i am for saving money. i do not mind saving money. we have all kinds of costs and training facilities for police officers and state troopers. it should not be done in one place. let them learn how to do it and have it done. there's no reason why you can't have local training. i would also take military officers who have had extensive training and i would exempt them from half of the program so they can save time and expenses on getting it done. i think idea of deterrence cannot be measured. you can't measure how important it is to have deterrence. i think a lot of us would argue that having pilots armed is a great d
during out of funding shows a lack of commitment to the idea of self-defense. this is a huge signal to terrorists around the world if we will not harm our pilots. i think we have one training facility in new mexico where the pilots are trained. , the pilots complained about the costs and expenses and the time away. we have got training facilities for police man in every state. i do not see any reason we could not cooperate and make it a lot cheaper. i am for saving money. i do not mind saving...
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Apr 16, 2013
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whether it's missile defense, on dome or rocket defense, the different weapons systems that we are assisting them with, our military to military relationship, i'm going to be in israel in a few days. our interests are very clear and common and so i would answer your question, that way i think the israelis know that and we know that. >> thank you, mr. chairman. there are a lot of red lines out here and i'm just saying, this when we issue these red lines, the judgment call is that if there's a problem, we're going to act and obviously we have to do that diplomacy first but in reality we need to have the military capability to sustain some sort of operation if we start it. >> we have the military capability and we have the ability to provide the president what's required to protect the interests of this country and our allies. >> thank you, mr. chairman. >> ms. granger. >> thank you. i have two questions and the first one is to general dempsey. we're talking about relationships. would you bring us up to date on the state of our relationship, military to military, with egypt and how important is
whether it's missile defense, on dome or rocket defense, the different weapons systems that we are assisting them with, our military to military relationship, i'm going to be in israel in a few days. our interests are very clear and common and so i would answer your question, that way i think the israelis know that and we know that. >> thank you, mr. chairman. there are a lot of red lines out here and i'm just saying, this when we issue these red lines, the judgment call is that if...
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Apr 23, 2013
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that means the national defense and intelligence. federal law enforcement and the courts, immigration, intellectual problem, and even the programs of senior entitlement programs. once we clear on a central policy from the books, politicians will no longer be able to hide from the public or from their constitutional responsibilities and limitations. congress will work together to reform the problems government has created in our health-care system. we can modernized our regulatory system. we will be forced to rescue our senior programs from bankruptcy, and we can reform our tax system to eliminate the corporate code's bias in favor of big businesses over small businesses, and the individual code's bias against savings and investing and our parents, our ultimate investor class. that is how we turn the federal government's unsustainable liabilities into sustainable assets. the bottom line of all of this is controversies in that building over there, the really big white one with the dome, need to start doing what conservatives in this bu
that means the national defense and intelligence. federal law enforcement and the courts, immigration, intellectual problem, and even the programs of senior entitlement programs. once we clear on a central policy from the books, politicians will no longer be able to hide from the public or from their constitutional responsibilities and limitations. congress will work together to reform the problems government has created in our health-care system. we can modernized our regulatory system. we...
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Apr 20, 2013
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the minister of defense decentralized decision making for captains and below. these are the steps that i believe have to be taken. i'm mindful of the challenges we had in the u.s. military when i came in as a platoon commander in the 1970's and we had significant attrition in the united states marine corps and in the united states army at that time. a big part of that was leadership. as leaders were held accountable and addressed that problem, the problem got better. this idea of leadership development is a two, three, five-year process but we're moving in that direction. -- the right direction. afghan leadership are being held accountable by the afghan chain of command. when they fail to perform they're being dismissed and i think that's a positive sign. >> and that effort will really depend on the credibility and confidence and the integrity of the afghan army, won't it? >> over time effective military action is important. >> i'm very concerned and -- with the contracts involving taxpayer dollars of the united states that may go to -- in effect benefit our en
the minister of defense decentralized decision making for captains and below. these are the steps that i believe have to be taken. i'm mindful of the challenges we had in the u.s. military when i came in as a platoon commander in the 1970's and we had significant attrition in the united states marine corps and in the united states army at that time. a big part of that was leadership. as leaders were held accountable and addressed that problem, the problem got better. this idea of leadership...
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Apr 22, 2013
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they were really defensive, trying to come out for this type of thing. it is important to note in this debate that these two brothers came to the united states for asylum, but i am not sure that is applicable to the big contours' of the immigration reform bill that is trying to give a pathway to citizenship to people who are illegal in this country, not those who came in under asylum. host: the fbi is under some criticism because apparently they had looked into the older brothers trip to russia. he was there for six months. they don't know who we had contact with and the fbi basically said he was not a threat. and of course we know what happened last monday. guest: there will be a tremendous amount of reporting over the next several days about what the fbi knew and did not know. in some type of instance like this when it comes to acts of terrorism, the political component becomes, what did the federal government know and not know? this is one of those things that will develop over time there remains to be seen coming to that extent. host: another round o
they were really defensive, trying to come out for this type of thing. it is important to note in this debate that these two brothers came to the united states for asylum, but i am not sure that is applicable to the big contours' of the immigration reform bill that is trying to give a pathway to citizenship to people who are illegal in this country, not those who came in under asylum. host: the fbi is under some criticism because apparently they had looked into the older brothers trip to...
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Apr 17, 2013
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it would expand that be on the department of defense so other u.s. government agencies could also have the same authorities we have been given as a result of that very helpful legislation, and also to address a different level of contracts in the past have been over $100,000. as would bring it down to a level below that. i do think we have had some improvement in that particular area as a result of that legislation. continuing to move in that direction would be very helpful. >> thank you. one last question. thechairman asked you about afghan interpreter's that were the subject of a recent piece in the new york times. i am very concerned about providing the kind of these as necessary often for the survival of these interpreters. providing the kind of visas necessary. do you have any observation about what we can do to improve the process? >> raising the visibility is important. i would put a personal face on it. one of the individuals waiting for a visa, who has applied to come back to the u.s. for many years was the interpreter that was with sergeant
it would expand that be on the department of defense so other u.s. government agencies could also have the same authorities we have been given as a result of that very helpful legislation, and also to address a different level of contracts in the past have been over $100,000. as would bring it down to a level below that. i do think we have had some improvement in that particular area as a result of that legislation. continuing to move in that direction would be very helpful. >> thank you....
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the collective defense ministers and -- defense ministers agreed they would transfer forces for 2014. to give guidance for the general planning to take place. i think it is fair to say that our coalition partners are a very much looking for to see what the u.s. constitution will be post 20-14. -- post-2014. enabling support in most cases, i mean specifically evacuation post 2014, which they cannot provide but would need in place and for them to be committed -- would need inflation to keep it committed. >> is there anything we should be doing in the lead up to 2014 to provide those assurances to folks so everyone is in agreement on what happened? >> i do. i know the president is liberating now. as he makes a decision as far as the basic remarks, he has that wey committed would be there in some significant way post-2014. as he makes a specific decision i think it will be incumbent upon all of us to engage our coalition partners to ensure that we build the same effective coalition post 2014 that we have had over the past several years. i think it is a huge success story the way we brough
the collective defense ministers and -- defense ministers agreed they would transfer forces for 2014. to give guidance for the general planning to take place. i think it is fair to say that our coalition partners are a very much looking for to see what the u.s. constitution will be post 20-14. -- post-2014. enabling support in most cases, i mean specifically evacuation post 2014, which they cannot provide but would need in place and for them to be committed -- would need inflation to keep it...
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justur own defense, we could not believe anybody would believe those allegations. let me be very clear. absolutely not true. >> i appreciate that. let's shift gears. i am concerned about this purpose -- prison of interest. he iseptedeek. i undetand he has clear of any wroinlvem in boston. he being deported due to national security concerns. this gentleman is here. he was at the scene along with many other people when the blast happened. three boston detectives see this guy moving quickly out of the crowd. as they are watching him, he seems to be moving very deliberately, which could be a natural thing after a bombing. takingop him and end up it in -- taken him into the hospital. we are asking average americans to help id and assist law enforcement. if you see something, say something. we have somebody being deported due to national security concerns. i am assuming he has a link to terror. he is at the scene and he could possibly i.d. the bomber just like we are asking every other american who is on the scene to provide your pitchers and help us identify. everybody,
justur own defense, we could not believe anybody would believe those allegations. let me be very clear. absolutely not true. >> i appreciate that. let's shift gears. i am concerned about this purpose -- prison of interest. he iseptedeek. i undetand he has clear of any wroinlvem in boston. he being deported due to national security concerns. this gentleman is here. he was at the scene along with many other people when the blast happened. three boston detectives see this guy moving quickly...
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Apr 18, 2013
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the role of the better government, i have to agree first and foremost is a national defense. homeland security plays a key role in that. the clear role is to keep people safe and do what we can. i certainly understand the concern about making sure we do what we do it as efficiently and effectively as possible. i do see a public role with regard to the things that make america strong economically also. ve to say the president's words a couple years ago to say when he said to win the future must we mu out ia bit and out build the rest of the world. those running very true to me. those are the investments wewe a strong future, a strong economy, and a strong middle class, frankly. the idea that people should be o get ahead, and we know for many of the neighbors that is not happening. with regard to your comments about afghanistan, i cannot agree more. it is high time for us to redeploy the troops home. it is a position that i have taken for some considerable time. i would note that when i was serving in the house of representatives, i was one of those who disagreed with those goi
the role of the better government, i have to agree first and foremost is a national defense. homeland security plays a key role in that. the clear role is to keep people safe and do what we can. i certainly understand the concern about making sure we do what we do it as efficiently and effectively as possible. i do see a public role with regard to the things that make america strong economically also. ve to say the president's words a couple years ago to say when he said to win the future must...
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Apr 21, 2013
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and they were really defensive at trying to come out for this type of thing. it is important to note in this debate, though, that these two brothers came to the united states via asylum when they were ages 9 to 15 or 16. i'm not sure that's apcabble to the big contours of the reform bill that's trying to give a pathway to citizenship to people. not people who had come in legally through asigh lull. >> as investigators try to figure out between the brothers and russia, the f.b.i. is under some criticism because apparently they had looked into the older brothers trip to russia. pete has been reporting this over the last 4 hours. there for six months. they don't know who he had contact with and also the f.b.i. saying he wasn't a threat. >> well, that is one of the big mysteries, there's going to be a tremendous amount of reporting over the next several days about what the f.b.i. and att in some not know. types of instances like this when it comes to acts of terrorism, political acts of terrorism, that the political component, what did the federal government know?
and they were really defensive at trying to come out for this type of thing. it is important to note in this debate, though, that these two brothers came to the united states via asylum when they were ages 9 to 15 or 16. i'm not sure that's apcabble to the big contours of the reform bill that's trying to give a pathway to citizenship to people. not people who had come in legally through asigh lull. >> as investigators try to figure out between the brothers and russia, the f.b.i. is under...
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theenator, i attended defense ministerial in brussels and defense ministers agreed they would provide a thousand- 10,000 forces. i think it is fair to say our coalition partners are very much looking to see what the u.s. contribution will be before making a commitment. in many cases, our partners will need u.s. enabling support before they are able to commit. i mean specifically, a casualty evacuation, medical evacuation, which they cannot provide but would need to be in place in order for them to be committed. that so, is there anything we should be doing -- >> so, is there anything we should be doing in the lead up to 2014 to provide those assurances to folks so everybody is in agreement on what happens? >> i know the president is deliberating now. as he makes a decision about the basic framework, he has already committed to president karzai as recently as january that we would be there in some significant way post 2014. as president obama makes a specific decision, i think it is scoy to be a cub all levels of all levels to engage colette -- i think it is going to be us at allon all
theenator, i attended defense ministerial in brussels and defense ministers agreed they would provide a thousand- 10,000 forces. i think it is fair to say our coalition partners are very much looking to see what the u.s. contribution will be before making a commitment. in many cases, our partners will need u.s. enabling support before they are able to commit. i mean specifically, a casualty evacuation, medical evacuation, which they cannot provide but would need to be in place in order for them...
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whether spending billions more on defense between united states and mexico is a really good use of our taxpayer i do know that each one of us can write what we want. each one of us may have a different bill. very difficult concessions by all involved. i mentioned senator schumer, durbin, senator graham, senator feinstein, mccain, menendez, all worked on this. so now we are bringing this to the public. we will find a time for secretary napolitano to come before the committee. i hope this will give the public an opportunity to learn about it. unlessly every one of us we say we don't know how to read, everyone of us will have plenty of time to analyze this bill before we actually start marking it up in may. just a member, immigration has been an ongoing source of renewal of our spirit and creativity -- remember, immigration has been an ongoing source of renewal of ours are it and creativity. spirit and creativity. innovation for our companies. our nation continues to benefit from immigrants. we need to uphold the fundamental values of family and hard or can. -- work. foreign agricultural
whether spending billions more on defense between united states and mexico is a really good use of our taxpayer i do know that each one of us can write what we want. each one of us may have a different bill. very difficult concessions by all involved. i mentioned senator schumer, durbin, senator graham, senator feinstein, mccain, menendez, all worked on this. so now we are bringing this to the public. we will find a time for secretary napolitano to come before the committee. i hope this will...
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Apr 17, 2013
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provide for the common defense. what is more common than our power grid, our financial system and our economy? and are we not required to defend all of that? promote the general welfare. again, if our power grid is taken down, it is impossible to promote the general welfare. secure the blessings of liberty to ourselves and to our posterity. our intellectual property, madam chair, madam speaker, made with american ingenuity, our life savings in banks, under threat from foreign actors, our jobs, our economy, all these blessings of liberty are currentry at risk if we do nothing. i've heard some suggest, madam speaker, that they have constitutional concerns about passing this bill, and i would just suggest to them that i believe strongly you should have constitutional concerns about not passing this bill. i do not believe our constitution gives foreign state actors like china or russia or north korea or iran uncontested access to the critical systems of private american companies. to the contrary, i believe that our con
provide for the common defense. what is more common than our power grid, our financial system and our economy? and are we not required to defend all of that? promote the general welfare. again, if our power grid is taken down, it is impossible to promote the general welfare. secure the blessings of liberty to ourselves and to our posterity. our intellectual property, madam chair, madam speaker, made with american ingenuity, our life savings in banks, under threat from foreign actors, our jobs,...
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Apr 22, 2013
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the national defense and intelligence. federal law enforcement and the courts, immigration, intellectual problem, and even the programs of senior entitlement programs. once we clear on a central policy from the books, politicians will no longer be able to hide from the public or from their constitutional responsibilities and limitations. congress will work together to reform the problems government has created in our health-care system. we can modernized our regulatory system. we will be forced to rescue our senior programs from bankruptcy, and we can reform our tax system to eliminate the corporate code's bias in favor of big businesses over small businesses, and the individual code's bias against savings and investing, and our parents, our ultimate investor class. that is how we turn the federal government must unsustainable liabilities into sustainable assets. the bottom line of all of this is controversies in that building over there, the really big white one with the dome, need to start doing what conservatives in thi
the national defense and intelligence. federal law enforcement and the courts, immigration, intellectual problem, and even the programs of senior entitlement programs. once we clear on a central policy from the books, politicians will no longer be able to hide from the public or from their constitutional responsibilities and limitations. congress will work together to reform the problems government has created in our health-care system. we can modernized our regulatory system. we will be forced...
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Apr 16, 2013
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korean has switched from a pro-defense to an active deterrent strategy. that means if they have imminent signs of attack, they will pre-empt. defense officials point out that is more likely to be in a strategic threat rather than tactical. so that means, if they feel they are about to get hit with some artillery in a west sea island, they are not likely to initiate this, instead absorb it and then respond. what they are talking about is more a situation where if they see a missile, they think it is nuclear armed, it is at a time of hostility, it could be an imminent attack on south korea, then according to the new strategy, they would take out that missile. that requires perfect intelligence, and you can never tell what kind of warhead is on a missile. if the situation is now at even a higher tension right now and they observe missiles or scud missiles would they take those out? we don't know. my time is up but i would just lay a marker for during the q and a's the recent d.i.a. of the current nuclear war capabilities, as well as senator kerry's trip, whi
korean has switched from a pro-defense to an active deterrent strategy. that means if they have imminent signs of attack, they will pre-empt. defense officials point out that is more likely to be in a strategic threat rather than tactical. so that means, if they feel they are about to get hit with some artillery in a west sea island, they are not likely to initiate this, instead absorb it and then respond. what they are talking about is more a situation where if they see a missile, they think...
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Apr 19, 2013
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i can't help but question whether spending millions more in defense from united states to mexico is really the best use of dollars, but i do know that each one of us can write what we want, and each one of us may have a different bill. you have a bill that's a product of compromise, very difficult concessions by all involvedand i mentioned senator schumer and senator schumer, durbin, graham, and plate, but also, senator feinstein and senator senator menendez, senator rubio, senator bennett, all worked on this. so now we're bringing to the public this immigration hearing. it's the fourth we've had this year. we will hold hearings on monday. we will find time for secretary napolitano to come before the committee and discuss that with senator grassley. and so i hope these will give the public an opportunity to learn about it. certainly, every one of us loves to want to say we -- every one of us will have plenty of time to analyze this bill before we actually start marking it up in may. but just remember, immigration is an ongoing source of renewal of our spirit, our creativity, and also, our
i can't help but question whether spending millions more in defense from united states to mexico is really the best use of dollars, but i do know that each one of us can write what we want, and each one of us may have a different bill. you have a bill that's a product of compromise, very difficult concessions by all involvedand i mentioned senator schumer and senator schumer, durbin, graham, and plate, but also, senator feinstein and senator senator menendez, senator rubio, senator bennett, all...
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Apr 21, 2013
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they were really defensive, trying to come out for this type of thing. it is important to note in this debate that these two brothers came to the united states for sure thatt i am not is applicable to the big contours' of the immigration reform bill that is trying to give a pathway to citizenship to people who are illegal in this country, not those who came in under asylum. host: the fbi is under some criticism because apparently they had looked into the older brothers trip to russia. six months. for they don't know who we had contact with and the fbi basically said he was not a threat. and of course we know what happened last monday. guest: there will be a tremendous amount of reporting over the next several days about what the fbi knew and did not know. in some type of instance like this when it comes to acts of terrorism, the political component becomes, what did the federal government know and not know? this is one of those things that will develop over time there remains to be seen coming to that extent. host: >> another round of hearings tomorrow a
they were really defensive, trying to come out for this type of thing. it is important to note in this debate that these two brothers came to the united states for sure thatt i am not is applicable to the big contours' of the immigration reform bill that is trying to give a pathway to citizenship to people who are illegal in this country, not those who came in under asylum. host: the fbi is under some criticism because apparently they had looked into the older brothers trip to russia. six...
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Apr 20, 2013
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this program is a way to write about the overall challenges of terming the defense budget. this program is in someway singular in terms of its costs and delays in the way it has been structured. as i write in the piece, it's most effective defense attribute may not be all of its radars and sensors and missiles and stealth technology and ability to have -- it might be the design to evade budget covers from washington. washington post senior correspondent sunday at 8 p.m. on c-span's "q&a." >> secretary of state john kerry and mexican foreign secretary spoke to reporters following the meeting in washington. they expressed condolences for the people of boston. the two leaders met to discuss u.s.-mexico relations, immigration reform, and president obama's trip to mexico next month. >> good morning, everybody. before we begin, i want to just say that as a father and grandfather, my thoughts are of course in my hometown right now, boston, where events are still unfolding and the entire city is on lockdown. we are continuing to learn every moment about the attack on monday and the
this program is a way to write about the overall challenges of terming the defense budget. this program is in someway singular in terms of its costs and delays in the way it has been structured. as i write in the piece, it's most effective defense attribute may not be all of its radars and sensors and missiles and stealth technology and ability to have -- it might be the design to evade budget covers from washington. washington post senior correspondent sunday at 8 p.m. on c-span's...